Tag Archives: Case-Shiller Index

Record Post-Recession Home Sales, Construction, Case-Shiller Prices in July

The Mortgage Corner With all the bad news coming from the stock market, it’s good to know that this hasn’t affected the housing market. In fact, it’s pushing interest rates lower, so that a conforming 30-year fixed mortgage rate has … Continue reading

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Home Prices Increase With Jobs

The Mortgage Corner The S&P Case-Shiller Home Price Index is the bell weather for real estate and home prices these days. It not only reports housing prices, but what affects those prices, and jobs have to be the most important … Continue reading

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New-Home Sales, Case Shiller Index On the Rise

The Mortgage Corner–II As if to confirm U.S. housing starts and building permits’ jump to their highest levels in nearly 7-1/2 years, the sales rate of new single-family houses in April 2015 rose even higher at a seasonally adjusted annual … Continue reading

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Housing In Recovery-Pending Home Sales Soar

The Mortgage Corner February Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 3.1 percent to 106.9 in February from a slight downward revision of 103.7 in January and is now 12.0 percent above February 2014 (95.4). … Continue reading

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Good Pending Sales, Home Prices in 2015

The Mortgage Corner Pending home sales are rising again. Sales picked up steam in November, to 104.8 from a revised 104.0 in October for a better-than-expected gain of 0.8 percent. It is a sign, along with the Case-Shiller Home Price … Continue reading

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Why Lower Home Sales?

The Mortgage Corner November existing home sales in November tumbled 6.1 percent, the biggest drop since July 2010, down to a seasonally adjusted annual rate of 4.93 million. New-home sales also fell slightly—probably for the same reason. Why? There were … Continue reading

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Consumer Confidence Soaring, Case-Shiller Home Prices Unchanged

Popular Economics Weekly Why are stock prices rallying?  Maybe it’s because though housing price increases have slowed, consumer confidence is soaring for the holidays.  The prospect for future job and income growth looks good, in other words Home prices contracted … Continue reading

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